Providing advice, guidance and operational assistance to businesses on management issues such as strategic planning, organisational planning, marketing objectives and policies, and human resource management.
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What This Code Means
One of the most commonly used SIC codes in the UK. It is a broad category covering any form of business advice that is not specifically financial, IT or legal. Many freelancers and contractors use this code because their work involves advising clients on business strategy. If your consultancy focuses specifically on IT, use 62020. If it is financial advisory, use 66190 or 70221. The breadth of this code means HMRC benchmarks are very varied — they expect a wide range of incomes.
Businesses That Use This Code
- Strategy consulting firms
- HR consultancies
- Marketing strategy consultants
- Operations improvement consultants
- Change management advisors
- Freelance business consultants
Related SIC Codes
How to Register This SIC Code
You provide your SIC code when registering your company at Companies House. You can also update it on your confirmation statement if your business activity changes. You can have up to four SIC codes — the first should be your primary (highest revenue) activity.
Why Your SIC Code Matters
- HMRC uses it to benchmark your income against sector norms
- Insurers use it to assess risk and set premiums
- Government grants and support schemes are allocated by SIC code
- Credit agencies categorise your business by SIC code
Read our full SIC codes explained guide for more detail. Use CalcPad for business tax calculations.